PAESTUM FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- PAESTUM FOUNDATION INC (EIN 13-4082016)
- Tax period
- 2016-10-01 to 2017-09-30
- Filed
- 2017-12-01
- IRS object ID
- 201723359349100157
- Schema version
- 2016v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-12-01T15:56:27-06:00 | ReturnTs |
| Tax Period End | 2017-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HECHT AND COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 5TH AVENUE - 68TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101180110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134082016 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PAESTUM FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % HECHT & COMPANY PC | InCareOfNm |
| Business Name Control | PAES | BusinessNameControlTxt |
| Phone | 2128198000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O HECHT CO - 350 FIFTH AVE Suit | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10118 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HECHT | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2128198000 | PhoneNum |
| Signature | 2017-12-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES F MAHON | PreparerPersonNm |
| PTIN | P01223405 | PTIN |
| Phone | 2128198000 | PhoneNum |
| Preparation | 2017-12-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 72.69.212.98 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13030020173355000006 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-12-01 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B6FD430A8EDFF5BAF9FCD9DDBA9472F8F1D09CD7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | ACC17A17D7F60B5578AC16A1E502A6A96FB01BB5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,302,157 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,707 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,707 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $605,519 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $601,761 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,035,312 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,927,975 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,035,312 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$69,670 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$69,494 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,575,868 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,572,286 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $16,005 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $16,005 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $40,858 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $20,429 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $20,429 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $220,701 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $220,313 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $7,017 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,017 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $65,121 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $65,121 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $349,702 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $247,759 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $101,555 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $175,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $175,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $524,702 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $247,759 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $276,555 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,051,166 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,324,527 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $476,000 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,889,968 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,889,968 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,699,754 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,507,298 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,478,183 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $18,514,754 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,161,134 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,402,209 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,087,405 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,360,561 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,365,035 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $379,789 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $477,407 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $477,407 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,876,855 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,689,355 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $5,689,355 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $29,034,557 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,085,723 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,302,157 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $29,034,557 | RetainedEarningBOYAmt |
| Retained Earning EOY | $31,085,723 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,034,557 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,085,723 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,034,557 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,085,723 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,034,557 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,051,166 | ExcessRevenueOverExpensesAmt |
| Subtotal | $31,085,723 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,085,723 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| S/T GAINS - STATEMENT ATTACHED | P | 2017-01-01 | 2017-06-30 | $3,970,232 | $3,475,150 | $495,082 | $495,082 |
| L/T GAINS - STATEMENT ATTACHED | P | 2015-01-01 | 2017-09-30 | $5,956,713 | $4,417,513 | $1,539,200 | $1,539,200 |
| S/T THRU PANCO STRATEGIC REAL ESTATE FUND III-QP LP | P | 2017-01-01 | 2017-06-30 | $810 | $810 | $810 | |
| L/T THRU PANCO STRATEGIC REAL ESTATE FUND III-QP LP | P | 2015-01-01 | 2017-09-30 | $220 | $220 | $220 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,035,312 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,890,503 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $30,609,367 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.094432 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,817,178 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $34,513,159 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.052652 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,476,878 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $34,494,742 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042815 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,372,974 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $29,076,930 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.047219 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,371,369 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $26,991,257 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050808 | DistributionYr5Rt |
| Total Distribution | 0.287926 | TotalDistributionRt |
| Average Distribution | 0.057585 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $34,700,662 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,998,238 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $23,245 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,021,483 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,089,055 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $23,245 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $23,245 | SubtotalAmt |
| Tax Based On Investment Income | $23,245 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $50,187 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $50,187 | TotalPaymentsAndCreditsAmt |
| Overpayment | $26,942 | OverpaymentAmt |
| Applied To ES Tax | $26,942 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HECHT & COMPANY PC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128198000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 FIFTH AVENUE - 68TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MICHAEL HECHT | ||||||||
| 350 5TH AVENUE - 68TH FL | NEW YORK | NY | 10118 | DIRECTOR/SECRETARY/TREASURER | 1.5 | $0 | $0 | $0 |
| JOHN SILBERMAN | ||||||||
| 145 EAST 57TH STREET | NEW YORK | NY | 10022 | DIRECTOR / PRES | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREENHAVEN ASSOCIATES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 MANHATTANVILLE ROAD | AddressLine1Txt |
| City | PURCHASE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10577 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY | ServiceTypeTxt |
| Compensation | $208,205 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MAINTAINING A COLLECTION OF WORKS AND PHOTOGRAPHS FOR EXHIBITION AND LOAN TO MUSEUMS. PURCHASE ON 5/19/17 OF A PAINTING BY KENNETH NOLAND FOR $1,812,500 FOR LOAN PROGRAM. | Description1Txt |
| Expenses1 | $2,089,055 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $33,788,658 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $963,033 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $477,407 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,229,098 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,229,098 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $528,436 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $34,700,662 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,735,033 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,735,033 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,245 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,245 | TotalTaxAmt |
| Distributable Before Adj | $1,711,788 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,711,788 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,711,788 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $276,555 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,812,500 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,089,055 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $23,245 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,065,810 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,711,788 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $131,494 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $131,494 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,089,055 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,711,788 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $377,267 | RemainingDistriFromCorpusAmt |
| Total Corpus | $508,761 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $508,761 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $131,494 | ExcessFromYear1Amt |
| Excess From Current Year | $377,267 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDELITY CHARITABLE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 770001 | AddressLine1Txt |
| City | CINCINNATI | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45277 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $175,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $175,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,707 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $605,519 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,035,312 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP LOSS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$69,670 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,575,868 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,575,868 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PREPARATION OF ANNUAL REPORT | |||
| AND 990 PF | $20,429 | $20,429 | |
| BOOKKEEPING SERVICES | $20,429 | $20,429 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | GREENHAVEN ASSOCIATES INC | ContractorPersonNm |
| Explanation | none | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE ATTACHMENT 11.1 | BondNm |
| EOY Book Value | $1,360,561 | EOYBookValueAmt |
| EOYFMV | $1,365,035 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHMENT 10.1 | StockNm |
| EOY Book Value | $18,161,134 | EOYBookValueAmt |
| EOYFMV | $30,402,209 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,387,142 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,357,474 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $120,156 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $120,709 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PANCO STRATEGIC REAL ESTATE | |||
| FUND III QP LP | AT COST | $477,407 | $477,407 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| LEGAL FEES IN CONNECTION WITH | ||
| TAX EXEMPT ACTIVITIES | $16,005 | $16,005 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ART | Desc |
| BOY Book Value | $3,876,855 | BOYBookValueAmt |
| EOY Book Value | $5,689,355 | EOYBookValueAmt |
| EOYFMV | $5,689,355 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| ART EXPENSES | $41,911 | $41,911 |
| INSURANCE | $2,501 | $2,501 |
| FILING FEES | $1,214 | $1,214 |
| PUBLIC INSPECTION AD | $150 | $150 |
| CONSULTING | $19,345 | $19,345 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | ||
| PANCO STRATEGIC REAL ESTATE FUND III QP | ||
| ORDINARY LOSS | -$68,880 | -$68,880 |
| OTHER DEDUCTIONS | -$614 | -$614 |
| BOOK TAX DIFFERENCE | -$176 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT & CUSTODIAL FEES | CategoryTxt |
| Amt | $220,701 | Amt |
| Net Investment Income | $220,313 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN INCOME TAX | CategoryTxt |
| Amt | $7,017 | Amt |
| Net Investment Income | $7,017 | NetInvestmentIncomeAmt |